Resilitweets

From the Institute for Security & Resilience Studies

ISRS is a hub for scholars and practitioners addressing the challenges of resilience and security in the 21st Century. We bring together all sectors to catalyse innovation and seek ways to better cope with, and flourish in, increasingly uncertain times.

AI can and has been oversold, over packaged, over expensive & doesn’t do the job. That’s been a recurring pattern since cybernetics morphed into AI after WW II. AI investment waves have come and gone. As the recipient of a recent PhD in the field put it, today’s machine learning is “statistics on steroids”. Yes, that’ll doubtless provide a financial engineering competitive advantage for a narrow window of time but we’re some way from the singularity and each competitive advantage snatched at and lost probably doesn’t amount to a singularity let alone the singularity that those suffering narrow inductive rational rapture have long fantasised. Uncertainty still wins through as the Flash Crash perhaps demonstrated.